Monday, March 20, 2017

Used car prices on the blogs today

First, note that used car prices boomed during the record auto years 2012 - 2016.  Also note the 2017 decline is rapid, and has predicted recession before.

It is possible the auto industry  can manage the price dive, as in the 2001 recession where the price adjustment was mild. 

We could still thread the needle here, skipping long at low growth.

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